The Internal Revenue Service allows certain types of precious metals – gold, silver, platinum and palladium — to be purchased by an individual retirement account. A Gold IRA is a generic term for a self-directed IRA that holds any of the four acceptable precious metals.

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Understandably so, bullion owners can get a bit psyched when it comes to storage. Those who merely own physical gold and the like may choose to self-store precious metals in a home vault or something similar. When it comes to precious metals bullion custody in a self-directed retirement account, you’re essentially forced to go with a third-party vault.

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When you think of credit, what comes to mind? Credit cards? Mortgages? Maybe a car payment? Credit is one of the most important things to understand when it comes to personal finance.

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A quick google search reveals an extensive list of precious metals “specialists” ready to sell you gold, silver, or help convert your 401(k) funds into a gold IRA… In this Goldco review, we’ll take a close look at the Goldco precious metals firm.

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Once the decision to open a gold IRA is made, customers are faced with another critical choice: how to store their precious assets. This is where the concepts of segregated and commingled storage come into play.

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Gold Alliance is the latest company to have landed on our radar for many of the right reasons. Established in 2002, Gold Alliance is one of the older dealers we’ve come across in a crowded gold IRA market.

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